Air Astana JSC (LSE:AIRA) EV-to-OCF: 5.16 (As of Aug. 14, 2026) — 52% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:AIRA Air Astana JSC LSE:AIRA
46 GF Score
Price $6.00
! 7 Warning Signs
View Full Analysis

What is Air Astana JSC EV-to-OCF?

Air Astana JSC LSE:AIRA +1.01% 46 EV-to-OCF is 5.16 as of Aug. 14, 2026, which is 52% above its 10-year median of 3.40. GuruFocus rates LSE:AIRA with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 1,008 Transportation companies, Air Astana JSC ranks better than 68.75% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Air Astana JSC's Enterprise Value is $1,101 Mil. Air Astana JSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $213 Mil. Therefore, Air Astana JSC's EV-to-OCF for today is 5.16.

The historical rank and industry rank for Air Astana JSC's EV-to-OCF or its related term are showing as below:

LSE:AIRA' s EV-to-OCF Range Over the Past 10 Years
Min: 2.64   Med: 3.4   Max: 26.48
Current: 4.7

During the past 6 years, the highest EV-to-OCF of Air Astana JSC was 26.48. The lowest was 2.64. And the median was 3.40.

LSE:AIRA's EV-to-OCF is ranked better than
68.75% of 1008 companies
in the Transportation industry
Industry Median: 7.725 vs LSE:AIRA: 4.70

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-14), Air Astana JSC's stock price is $6.00. Air Astana JSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.008. Therefore, Air Astana JSC's PE Ratio (TTM) for today is At Loss.


Air Astana JSC  (LSE:AIRA) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Air Astana JSC's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.00/-0.008
=At Loss

Air Astana JSC's share price for today is $6.00.
Air Astana JSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.008.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Air Astana JSC EV-to-OCF Related Terms


Air Astana JSC EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Air Astana JSC's EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Air Astana JSC EV-to-OCF Chart

Air Astana JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial 0.00 0.00 0.00 2.61 5.00

Air Astana JSC Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.86 2.70 2.87 5.00 4.72

LSE:AIRA vs DAL, UAL, LUV: EV-to-OCF Comparison

For the Airlines subindustry, Air Astana JSC's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air Astana JSC EV-to-OCF vs Transportation Industry

For the Transportation industry and Industrials sector, Air Astana JSC's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Air Astana JSC's EV-to-OCF falls into.


LSE:AIRA
46GF Score
Air Astana JSC LSE:AIRA
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Astana JSC EV-to-OCF Calculation

Air Astana JSC's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1101.367/213.241
=5.16

Air Astana JSC's current Enterprise Value is $1,101 Mil.
Air Astana JSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $213 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 5.16 mean?
Air Astana JSC (LSE:AIRA) has a EV-to-OCF of 5.16 as of Aug. 14, 2026. This is 52% above median its historical median of 3.40. Over the past decade, Air Astana JSC's EV-to-OCF has ranged from 2.64 to 26.48. According to the industry distribution chart, Air Astana JSC ranks #315 out of 1008 companies in the Transportation industry, placing it in the top 31.2%.
Is Air Astana JSC's EV-to-OCF too high?
Air Astana JSC's current EV-to-OCF of 5.16 is 52% above median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 26.48. The Transportation industry median EV-to-OCF is 7.73. Air Astana JSC's value of 5.16 is 33.2% below this industry median. Based on the distribution chart, Air Astana JSC ranks #315 out of 1008 companies in the Transportation industry, which is above the industry midpoint. Overall, Air Astana JSC has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Air Astana JSC's EV-to-OCF compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Astana JSC ranks #315 out of 1008 companies for EV-to-OCF. This puts Air Astana JSC in the upper half of its industry. The industry median EV-to-OCF is 7.73. Air Astana JSC's value of 5.16 is 33.2% below this benchmark. Historically, Air Astana JSC's own EV-to-OCF has ranged from 2.64 to 26.48 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 7.73, Air Astana JSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Transportation company?
The median EV-to-OCF among Transportation companies is 7.73, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Astana JSC's current EV-to-OCF of 5.16 is 33.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median EV-to-OCF is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Astana JSC's current EV-to-OCF is 5.16, which is 52% above median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Astana JSC stock overvalued right now?
Air Astana JSC (LSE:AIRA) has a current EV-to-OCF of 5.16. The current EV-to-OCF is 5.16, which is 52% above median its 10-year median of 3.40 and 33.2% below the Transportation industry median of 7.73. Air Astana JSC's overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Air Astana JSC (LSE:AIRA), the current EV-to-OCF is 5.16 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Air Astana JSC Business Description

Address 4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 050039
Air Astana JSC is an airline company engaged in providing scheduled and charter, point-to-point and transit, short-haul and long-haul passenger air transportation and cargo services on domestic, regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East, and Asia (including India and China). The group has two reportable segments. The Air Astana segment operates as a full-service airline brand providing domestic and international passenger and cargo transportation services. The FlyArystan segment operates as a low-cost airline brand providing scheduled short-haul and medium-haul passenger air transportation services across Kazakhstan and neighboring regions, including the Caucasus, Central Asia, Turkey, and the Middle East.
46GF Score

Get the complete analysis for LSE:AIRA

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.00
Price